ŌURA, maker of Oura Ring, the smart ring that delivers personalized health data, insights, and daily guidance, has announced that it’s entered into an agreement to acquire Sparta Science, an enterprise software company that transforms health and performance data into actionable intelligence. ŌURA will leverage Sparta Science’s Trinsic data platform, which streamlines the process of collecting, analyzing, and delivering human health and performance information at scale to improve and expand the Oura Teams B2B offering. The result will be an enhanced Oura Teams platform to serve ŌURA’s growing base of enterprise, healthcare, and government customers, helping them empower their employees and service members to deliver improved organizational readiness and resilience.
Latham & Watkins LLP represents ŌURA in the transaction with a corporate deal team led by Orange County partner Nima Movahedi and New York partner Ian Nussbaum, with associates Tiana Baghdikian and Rose Kenyon. Advice was also provided on executive compensation, employment, and benefits matters by Bay Area partner Ashley Wagner, with associate Nimra Syed; on tax matters by Bay Area partner Katharine Moir, with associate Rasha Suleiman; and on government contracts matters by Washington, D.C. partner Dean Baxtresser.